Worthys Youth Football Club - Certified Financials 2023124
NCOME 2023124 SEASON
EXPENDrniRE 2023124 SEASON..:
Match Subscriptions..
56,729.11
GroundlPitchrrraining Hire:
32,174.9
raining Subscriptions:
RderfAssistant Referee Expenses..
2,318.03
Signing-on Fees..
Player Registration Fomis:
Fundraislng & Sponsorship..
8,209.43
Affiliation & Entran￿ Fees:
3922.51
Interest R￿￿ed.
310.74
Kit & Equipment (inc. First AWJ):
21,679.3
icket Sales:
1749.2
rophEs & Engraving..
3,966.3
lub Merchandlse:
635.6
Events
900.9
Mlstsllaneous Re￿Ipts (please gfve detslls):
23.79
Club Merthandl*:
M15celkineous Expenses (please glve detslls)..
1,791.55
OTAL INCOME:
£67,657.87
TOTAL EXPENDrruRE:
£66,753.7
Signed on 16th July
ReseNes brought forward
Current season
Reserves carried forward
£28 050.83
£904.08
£28 954.91
Treasurer- Andrew Hepworth
Audltor- Ellle Murphy
Co-secretary - Aaron Brown
Co-secretsry - Andrew Hepworth

WORTHYS YFC TREASURER'S REPORT 2023
24 SEASON
The club has closed its financial year on the 30th of June 2024.
MAIN FINANCIAL POINTS
The club aims to run a balanced budget and for last season we closed with net reserves of £28,954, which 15
an increase of on last yearfs reserves of £904.
Revenue is broadly where we were expecting it to be at £67,658 an increase on 2023124 levels as we raised
membership fees by on average £10 per person. We have seen good levels sponsorship and funding from
local sponsors and contributors and collections have been good on memberships.
Costs for the season finished at £66,754 which is slightly over budget and ahead of last year. Winter training
costs (school pitch hire} and kit and equipment costs remain our biggest expense.
OUTLOOK AND RECCOMENDATIONS FOR 2023124
As stated above we have a healthy cash reserves position of £28,954 and is better than expected in our
original budget. This is due to several factors, good cost control, prompt payment of memberships and
strong funding from local sponsors, councils and the FA. In 2024/25 we intend to keep this reverse position
intact and continue with our financial breakeven strategy for the season- i.e revenue equals cost5.
Therefore, my recommendation would be for memberships to remain at the same level as 2023/24 as
follows for 2024125: standard membershlp of £160, family membership at £300, U6s/Wlldcats at £120 and
trainlng membership at £60.
We successfully moved to a one-tlme payment in 2021122 and we intend for thls to remain in 2024125
with all memberships due by the end of September 2024. We continue to offer hardship funds and
instalment plans where needed to make football available to all.
We will now also move to be a cashless club with all income received to be via EPOS, Paypal or dlrect bank
receipts from the start of the 2024/25 season to help reduce admin and improve audit control especially on
increasing levels of merchandise sales.
As always, the true costs to the club does not include the goodwill of the coaches, managers and officials
who all provide their time and commitmentto the club free of charge and forthat we all remain grateful.
Worthys YFC Treasurer
Andrew Hepworth, BA{Hons), MSC, ACMA